Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of MRW, please enable cookies in your browser

We'll assume we have your consent to use cookies, so you won't need to log in each time you visit our site.
Learn more

Environment needed for investment

It would have been difficult to miss the political spotlight shining this week on the chancellor and his efforts to shake the UK economy from its stubborn slumber.

There was welcome emphasis in George Osborne’s Autumn Statement on Wednesday for growth via infrastructure projects, but it was disappointing not to hear specific references to the waste and resource management sector.

But whatever schemes are being backed, will we ever see them? The day got off to a depressing start with research from The Guardian showing that less than half of the £5bn public investment announced by Osborne in his 2011 statement had been paid out. And virtually none of the £21bn promised from the private sector has materialised.

There is a crying need for action. Just this week alone, MRW reports on tough times for three big players in our industry. Biffa has effectively been taken over by its major lenders; Viridor’s parent group blames lower profits on a slump in recyclate prices; and May Gurney is reviewing major contracts.

MRW is currently compiling a feature for next week’s issue on what our readers hope for in 2013. Several call for more investment - as well as an environment for investing - and a greater appreciation of the economic value of waste as a resource. Should we send next week’s issue to the chancellor as an early Christmas present?

Finally - we’re proud to have launched the National Recycling Awards 2013. Seize the opportunity now to show how you and your company or organisation deserves national recognition. Visit: www.nationalrecyclingawards.com

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.